Economic Data

Is It Different This Time? – Ahead of Wall Street

Friday, May 30, 2014 Stocks appear on track to open modestly on the weak side on this last day of May after clocking in solid gains in recent days and reaching record levels. Today’s data flow has been on the weak side thus far, with Personal Income & Outlays coming short of expectations. […]

Mergers & Acquisitions

Ampacet Plans to Expand Global Resources With Acquisition of Australia-Based Allied Color and Additives

Ampacet Plans to Expand Global Resources With Acquisition of Australia-Based Allied Color and Additives PR Newswire TARRYTOWN, N.Y., May 30, 2014 TARRYTOWN, N.Y. , May 30, 2014 /PRNewswire/ — Ampacet Corporation, a leader in the global production of color and additive masterbatch, has announced that it has entered into definitive agreements to acquire Allied Color and Additives (ACA), headquartered in Mitcham, Australia . […]

Stock Analysts

OmniVision Beats on Q4 Earnings by a Penny

OmniVision Technologies ( OVTI ) reported fourth-quarter fiscal 2014 (ended Apr 2014) earnings of 26 cents a share, which beat the Zacks Consensus Estimate by a penny. Following the earnings results, the stock surged 17.4% in after-hours trading. […]

Stock Analysts

ReneSola Posts Wider-than-Expected Q1 Loss

ReneSola Ltd ( SOL ) reported loss per American Depositary Share (ADS) of 14 cents in the first quarter of 2014, wider than the Zacks Consensus Estimate of a loss of 5 cents per ADS. However, loss in the reported quarter was narrower than the year-ago loss of 45 cents per ADS. The year-over-year improvement was driven by strong shipments to Japan […]